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Reps Repeal, Enact 2024 Appropriation Act

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…amend CBN Act increasing  Ways & Means to 10%
 
 
By Gloria Ikibah 
 
The House of Representatives has repealed and enacted the Appropriation Act, 2024 of N35.05 trillion to address some illegal issues inherent in the extant law on Wednesday at an emergency plenary session.
 
Naijablitznews.com reports that out of the total sum N1.74 trillion is for Statutory Transfers, N8.27 trillion for Debt Service, N11.26 trillion for Recurrent (Non-Debt) Expenditure while the sum of N13.77 trillion is for contribution to the Development Fund for Capital Expenditure.
 
This was sequel to the passage for third term of a “Bill for an Act to Repeal the Appropriation Act, 2024 and Enact the Appropriation Act 2024 to Authorise the issue from the Consolidated Revenue Fund of the Federation the total sum of N35,055,536,770,218,” at plenary on Wednesday.
 
Earlier at plenary, the House rescinded the decision on the Long Title, Explanatory Memorandum and clauses 13 and 14 of the Appropriation Bill passed last Tuesday and commit same provisions to the Committee of Supply for reconsideration. 
 
That also was sequel to the adoption of a motion by the Chairman, House Committee on Rules and Business, Rep. Francis Waive (APC, Delta).
 
Debating the motion, Rep. Waive explained that the Appropriations Act (Amendment) Bill, 2024 was passed on Tuesday 23 July, 2024, and in the cause of cleaning the Bill, the Directorate of Legal Services observed some legal issues that require reconsideration.
 
According to him, Clauses 13 and 14 of the Bill as well as the long title and Explanatory Memorandum need to be amended to reflect the intent of the Appropriation Act.
 
Waive emphasised the need to rescind the House decision on the Long Title, Explanatory Memorandum and Clauses 13 and 14 of the Bill.
 
Also at plenary, the House passed a bill seeking to increase the Central Bank of Nigeria’s (CBN) total advances to the Federal Government from five per cent to a Maximum of 10 percent.
 
The piece of legislation is Title; ” A Bill for an Act to Amend the Central Bank of Nigeria Act, to increase the Central Bank of Nigeria’s total advances to the Federal Government from five per cent to a Maximum of Fifteen per cent and for Related Matters.”
 
However, during consideration at the Committee of the Whole some lawmakers raised objections to percentage and it was pruned down to 10 percent unlike the 15 percent proposed.
 
Ways and Means is the money that the Central Bank of Nigeria lends to the Federal Government in the meantime to augment spending based on the time the revenue is generated.
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Trump Slams Putin’s Call for Zelensky’s Removal, Threatens Tariffs on Russian Oil

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U.S. President Donald Trump has expressed strong disapproval of recent remarks by Russian President Vladimir Putin, who suggested the removal of Ukrainian President Volodymyr Zelensky in favor of a transitional government. Trump warned that such statements could disrupt ongoing ceasefire negotiations between Russia and Ukraine.

In an interview with NBC News on Sunday, Trump stated his frustration over Putin’s comments, emphasizing their potential to derail peace efforts.

“If I feel we’re in the midst of a negotiation, you could say that I was very angry, pissed off, when Putin started getting into Zelenskyy’s credibility, because that’s not going in the right direction,” Trump said. He further argued that a leadership change in Ukraine would significantly delay any potential peace agreement.

Trump also issued a warning to Moscow, threatening secondary tariffs on Russian oil exports if a ceasefire deal was not reached soon. The proposed tariffs, ranging between 25 percent and 50 percent, would apply to all Russian oil exports and take effect within a month if negotiations fail.

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“If Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think it was Russia’s fault — which it might not be — but if I think it was Russia’s fault, I am going to put secondary tariffs on oil, on all oil coming out of Russia,” Trump declared. “That would mean if you buy oil from Russia, you can’t do business in the United States.”

Trump’s comments come after he previously criticized Zelensky last month, referring to him as a “dictator” and questioning his approval ratings in Ukraine.

As of now, the Kremlin has not responded to Trump’s remarks. However, the U.S. President indicated that he plans to speak with Putin later this week.

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Edo Killings: Kano Govt Sends Fact-Finding Delegation, Demands Justice

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The Kano State Government has dispatched a high-level delegation to Edo State to seek justice for victims of a recent tragic incident that claimed innocent lives.

The Commissioner for Information and Internal Affairs, Ibrahim Waiya, confirmed the development, stressing the government’s determination to ensure that those responsible are held accountable.

“The Kano State Government is deeply saddened by this unfortunate incident. We are committed to seeking justice for the victims and ensuring that their rights are protected,” Waiya stated.

According to him, the delegation’s mission includes engaging with the Edo State Government to facilitate investigations and identify the perpetrators.

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“We are working closely with the Edo authorities to ensure that justice is served. Those affected deserve nothing less,” he added.

The delegation will also meet with the leadership of the Hausa community in Edo State to discuss their concerns, offer support, and explore strategies to maintain peace and unity among residents.

Waiya urged the public to remain calm and avoid any actions that could escalate tensions.

“We understand the pain and frustration this has caused, but we urge everyone to exercise restraint. The government is taking both diplomatic and legal steps to address the situation effectively,” he assured.

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Meanwhile, the Kano State Government extended its condolences to the bereaved families, praying for the peaceful repose of the deceased.

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Meet Dr. Abdul Karim Bangura: Africa’s Most Educated Man

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Dr. Abdul Karim Bangura is a Sierra Leonean-American scholar, researcher, author, and scientist, widely regarded as one of the most educated individuals in the world. He holds five PhD and speaks 17 languages.

He holds the following degrees: B.A. in International Studies – American University (1982), M.A. in International Affairs – American University (1982), Fil. Mag. (Master’s equivalent) – University of Stockholm (1983), PhD in Political Science – Howard University (1987), M.S. in Linguistics – Georgetown University (1989), PhD in Policy Sciences – University of Maryland at Baltimore (1990), PhD in Linguistics – Georgetown University (1992), PhD in Computer Science – Columbus University, New Orleans (2001), PhD in Mathematics.

He speaks 17 languages, including English, Temne, Mende, Krio, Fula, Kono, Limba, Sherbro, Kiswahili, Spanish, Italian, French, Arabic, Hebrew, German, Chinese, and Swedish.

He has served in various academic roles, including American University – Professor of International Relations, Researcher-in-Residence, Coordinator of the Islamic Lecture Series, Howard University – Adjunct Professor and Lecturer, Georgetown University – Schiff Summer Program Professor, Bowie State University – Assistant Professor of Political Science, Founding Director of the Center for Success, University of Sierra Leone – Advisory Board Member for the Center for Development and Security Analysis, Brookings Institution – Research Assistant in Middle Eastern Affairs, Atlantic Council of the United States – Academic Associate

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Dr. Bangura is a prolific author, having written or edited 35 books and over 250 scholarly articles covering topics in political science, linguistics, computer science, mathematics, African studies, international relations, and Islamic studies. Some of his notable works include Multilingualism and Diglossia in Sierra Leone, Black Political Thought, Chaos Theory and African Fractals, Islamic Peace Paradigms, and United States-African Relations: The Reagan-Bush Era.

His research has been published in prominent journals, including the Journal of Third World Studies, Africa Today, and the International Journal of the Sociology of Language. He is also the Editor-in-Chief of the African Journal of Languages and Linguistics and the Journal of Research Methodology and African Studies.

Dr. Bangura is a member of numerous academic and professional organizations, including the African Studies Association (Chair of Research Methodology and African Studies Section), Association of Third World Studies (President, 2001-02; UN Ambassador, 2002-04), American Political Science Association, Linguistic Society of America, Mathematical Association of America, Policy Studies Organization, Awards and Recognitions

Dr. Bangura’s contributions have been widely recognized with numerous awards, including: Distinguished Scholar Award – Middle Atlantic Writers Association (1995), African Excellence in Scholarship Award – African Studies and Research Forum (2001), the Dubai International Award (2006), Outstanding Scholar Award – Association of Third World Studies (2006), Multiple grants from the U.S. Department of Education and National Science Foundation.

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